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Jass
 
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Default Were they misled, and what can they do?

A couple, friends of mine moved from Northern Virginia down to
Florida, about two months ago. They bought their first house, while
dealing with realtor and the bank over the phone. A family member who
lives in that area took few pictures for them so they knew what the
house looked like and stuff like that. So when they went down there to
sign the deal, in the closing time it was disclosed to them that the
house had previous work done back in 2000 I believe, something about
the house sinking into the ground and how they made a repair on it. My
friends came all the way down to find that out, but they bought the
house anyways. As the husband is a good general contractor he thought
he could fix the uneven celing. But as weeks are passing, they are
realizing how horribly the house is crooked, as if it's sinking again.
Now all the way is to sell it back to the bank, and come back to
Virginia because the house is not even and seems to be sinking despite
their work in 2000, plus all the hurracaines are getting to them.

To me this sounded like they were misled in the first place about the
house. I don't think that house is worth what it was sold as. Not for
a house that is uneven, about three four inches off from one side to
the other. They have a little girl who's learning to walk, and I see
this as hazardeus for her. Their contracts binds them that they can't
sell the house for the next 3 years. Now to me that is so harsh, as
the realtor/bank had to had known this house problem. What can they do
legally? Hire a laywer and sue them for misleading and hazardous
environment? They are also thinking of bancruptcy as a way out of that
huge buying the house mistake.

Any help would be appreciated!!!! Thanks!!!

Jass